Question 4 Andrea and Beth are dining at a fine restaurant. There is a bottle of 2009 Grgich Hills Chardonnay on the menu and the price is $100. To keep things simple, albeit unrealistic, assume the restaurant only sells whole bottles and this is the only wine they carry. Andrea would be willing to pay $110 to drink the whole bottle. Andrea would be willing to pay $90 to drink half the bottle. Beth would be willing to pay $80 to drink the whole bottle. Beth would be willing to pay $50 to drink half the bottle. They would like to share a bottle if it makes sense to do so (and if they can agree on how to divide the costs). To see if it makes sense, what is the pie, in dollars
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Business, 21.06.2019 19:40, dlow4974
Policymakers are provided data about the private and social benefits of a good being sold in the market. quantity private mb ($) social mb ($) 6 6 9 7 4 7 8 2 5 9 0 3 what is the size of the externality? if the externality is positive, enter a positive number. if negative, make it a negative number. $ given this data, policymakers must decide whether to address the associated externality with a subsidy or a tax. as their economic consultant, which of the two policy tools would you recommend? a subsidy a tax
Answers: 2
Business, 22.06.2019 10:40, esta54
At cooly cola, we are testing the appeal of our new diet one cola. in a taste test of 250 randomly chosen cola drinkers, 200 consumers preferred diet one cola to the leading brand. assuming that the sample were large enough, the large-sample 95% confidence interval for the population proportion of cola drinkers that prefer diet one cola would be:
Answers: 1
Business, 22.06.2019 13:30, lorip7799ov3qr0
The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.
Answers: 1
Question 4 Andrea and Beth are dining at a fine restaurant. There is a bottle of 2009 Grgich Hills C...
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